CINCINNATI (AP) — In downtown Cincinnati, a once-thriving mall stands out for the wrong reasons: it's big, largely empty and has been left behind amid six years of revitalization.
Now the city is stepping in and trying to buy the foreclosed Tower Place mall in hopes of revitalizing the large, box-like space.
The city council recently approved $8.6 million from its parking funds to buy the property and is working to negotiate a deal with the owner and a court administering the foreclosure.
If the sale goes through, the city wants to bring in developers to come up with a plan to transform the space and make it vibrant again. That could mean retail, residential, office space, or a combination of all those elements.